This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 2-bathroom country_estate of 80 m². Located Palmela parish, Palmela municipality, Setúbal district. Noteworthy Features: This property includes a productive vineyard and a borehole with a pump, enhancing its agricultural potential and providing a sustainable water source for cultivation.
The valuation. The asking price of €450,000 is €37,403 (9.1%) above the fair value of €412,597. This property is fairly valued based on its condition and market context.
Fair value modelled at €412,597 from 6 comparable sales in the area. Asking €450,000 sits €37,403 (9.1%) above — overpriced versus fair value.
Asking €450,000 versus the Palmela, Palmela, Setúbal area baseline of €388,562 (€4,857/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €388,562, adjusted for condition and micro-location, gives a modelled fair value of €412,597 (€5,157/m²), a €37,403 (9.1%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Palmela · 2ce29f | Subject | €450,000 | €5,625 | — | 58 | 51 |
| Setúbal (São Julião, Nossa Senhora da Anunciada e Santa Maria da Graça) · 6d53ac | Active | €349,900 | €4,486 | 20.3% | 72 | 48 |
| Sado · 9385f9 | Active | €349,500 | €4,481 | 20.3% | 65 | 54 |
| Setúbal (São Sebastião) · f10990 | Active | €390,000 | €5,065 | 10.0% | — | 60 |
| Alcochete · 3a7471 | Active | €420,000 | €5,250 | 6.7% | — | 49 |
| Median comp | €369,950 | €4,776 | 15.1% | 69 | 52 |
Long-term rental The property in Palmela, listed at €450,000 with a fair value of €412,597, presents a fair investment opportunity with a yield of 2%. However, the rural location may limit rent growth potential and tenant quality, necessitating cautious long-term investment considerations. Family rental At €450,000, the country estate could serve as a feasible family rental option given its fair valuation against current market rates. The low yield and rural context might restrict its attractiveness for families seeking diverse amenities and job opportunities in the area. Buy-and-hold The fair price of €450,000 indicates a stable investment for a buy-and-hold strategy in Palmela, but the modest rental yield of 2% suggests limited short-term cash flow. Investors may find that the rural setting impacts property appreciation in the long run, warranting a careful assessment of long-term market trends.
Economic Instability Risk The property's economic stability score of 45 indicates a high risk of fluctuations in market conditions that could negatively impact its value and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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